Thanks to my pal The Epicurean Dealmaker‘s incredible Supermassive Black Hole post, I learned a great deal more about why some investment banks survived the credit meltdown and others didn’t. My key takeaway from this must-read piece is that Merrill Lynch had a Death Wish. See that crazy-ass blue line really going for it through…
Financial Bloggers
Dennis Kneale: A Cautionary Tale for the Mainstream Media
“Never pick a fight with someone who buys ink by the gigabyte.” -Joshua M Brown, September 2009 If you’re going to be on financial television, you’ve got to be one of two things: 1. An attractive, friendly personality with good interviewing skills or 2. Someone who has a good understanding of the issues and subject…
From the August Archives
Your favorite Reformed Broker‘s taking a much-needed day off today. While you’re reading this, I’ll be at an amusement park with the family going for a world record in funnel cake eating/ roller coaster riding. Below are some recent posts I did that you may have missed. If you saw them all already, then I’ll…
What Your Favorite Blogs Said at the Bottom
The S&P 500 and Dow Jones Industrial Average bottomed out at around 666 and 6500 respectively on Friday, March 6th of 2009. Just for fun, and because it’s been too hot to go outdoors, I thought I’d take a look back at what my favorite financial bloggers were talking about as we stared into the…
TRB Interviewed on Behind The Spread
Haven’t had your fill of smart alecky Wall Street commentary from yours truly this week? I gave an interview to Hiro Takei of Behind The Spread, a great new site loaded with interviews of Wall Street personalities. He asked some really interesting questions about being in the business and keeping up to speed with the…
Ritholtz Explains Blogging to Joe Kernan
Barry Ritholtz took a moment to explain blogging to CNBC’s Joe Kernan and as a fellow financial blogger, I though it was a terrific and succinct description of what we do and why. Joe Kernan (an ex-broker and an anchor that I have always liked) seemed to have taken a page from Dennis Kneale‘s playbook yesterday and…
New York Times Suffering From Body Dysmorphia?
Body Dysmorphia is a psychological disorder in which the affected person is excessively concerned and preoccupied by a perceived defect in his or her physical features. – Wikipedia Dear New York Times, I thought it was adorable the way you reported on your own earnings report in your Media & Advertising section. But I have…
Denninger's Trojan Horse
The silly war between the financial blogger community and CNBC’s Dennis Kneale was just decided tonight, with very little bombast I might add. Kneale, the former magazine* editor-turned-pundit lost, and he probably doesn’t know it yet. (* Kids reading this in college, I’ll explain what a magazine is/ was later) Karl Denninger, who is good…
Wade Slome, Welcome to the Blogosphere (i hate that word too, sorry)
I have a new blog for all of you financial blog groupies, it’s called Investing Caffeine and it’s written by Wade Slome. You may have heard of Slome before, as he’s written a book called “How I Managed $20,000,000,000.00 by Age 32“. The book centers around Slome’s road to professional money management, which included a…
Perspective
When a resolute young fellow steps up to the great bully, the world, and takes him boldly by the beard, he is often surprised to find it comes off in his hand, and that it was only tied on to scare away the timid adventurers. Ralph Waldo Emerson Thanks to all for the kind wishes…
